BFD, Europe has the VAT, isn’t that like a Tarrif? Those who can afford will buy.
I’m fine with the tariff, but in South Carolina, we ought not try to collect it at Ft. Sumter.
You are right! We should capitulate right now, tell them we were wrong, and pay whatever confiscatory fine they levy on us.
Or did you mean something else?
Trump is about to learn that trade wars involve casualties — for us as well as them. If the rest of the world forms a solid block against us, our casualties are going to be higher than we thought — it will no longer be just us against small economies like Canada and Mexico.
Actually, for the boundaries of this article, the impact may be minimal. Since some of the production is exported to China, why not just redirect the sales to the US rather than import cars from China. Don’t know the actual numbers, but it would be interesting to see them.
Another day, another free traitor article from you.
Yawn...
Too bad statistics don’t bolster your arguments, but there are always individuals that can be cherry picked for the globalist cause.
Take your free traitor crap elsewhere- and your username is an insult.
If US tariffs are bad for the US economy, why is no one discussing why country X’s current and retaliatory tariffs are bad for X’s economy?
Rule of thumb?
A country with a massive trade deficit has the least to lose in a trade war.
Raising prices and reducing employment is exactly what tariffs do.
Now, in China’s case, we may want to provoke them to retaliate to the point that their economy collapses, but we had better be prepared for the pain should we choose to do that.
All of these German companies have already announced plans to build in China and hand over all of their IP’s to the Chinese. Volvo has been owned by the Chinese since 2009.